GDP reaches 8.23% - Vietnam grows spectacularly amid global economic storm

Tuyết Lan |

According to the Statistics Office, GDP in the third quarter of 2025 increased by 8.23% over the same period last year, only lower than the increase of 14.38% of the same period in 2022 in the period 2011-2025.

Information at the Press Conference to announce socio-economic statistics for the third quarter and the first 9 months of 2025 on October 6, Ms. Nguyen Thi Huong - Director of the Statistics Office (Ministry of Finance) said that the gross domestic product (GDP) in the third quarter of 2025 is estimated to increase by 8.23% over the same period last year, only lower than the increase of 14.38% in the same period in 2022 in the period 2011-2025.

Ms. Nguyen Thi Huong analyzed - the agriculture, forestry and fishery sector increased by 3.74%, contributing 5.04% to the increase in total added value of the entire economy; the industry and construction sector increased by 9.46%, contributing 46.41%; the service sector increased by 8.56%, contributing 48.55%.

Regarding the use of GDP in the third quarter of 2025, final consumption increased by 7.79% over the same period last year, contributing 59.76% to the overall growth rate of the economy; asset accumulation increased by 8.97%, contributing 44.67%; exports of goods and services increased by 18. 30%; imports of goods and services increased by 18.53%.

"GDP in the first 9 months of 2025 is estimated to increase by 7.85% over the same period last year, only lower than the growth rate of 9.44% of the same period in 2022 in the period 2011-2025. Of which, the agriculture, forestry and fishery sector increased by 3.83%, contributing 5.36% to the increase in total added value of the entire economy; the industry and construction sector increased by 8.69%, contributing 43.05%; the service sector increased by 8.49%, contributing 51.59%" - Ms. Nguyen Thi Huong informed.

Ba Nguyen Thi Huong - Cuc truong Cuc Thong ke (Bo Tai chinh). Anh: Tuyet Lan
Ms. Nguyen Thi Huong - Director of the Statistics Office (Ministry of Finance). Photo: Tuyet Lan

According to Ms. Nguyen Thi Huong, although the agriculture, forestry and fishery sector is affected by storms and floods, thanks to the timely implementation of response measures and overcoming the consequences of natural disasters, agricultural, forestry and fishery production remains stable.

"The added value of the agricultural, forestry and fishery sector in the first months of 2025 increased by 3.83%, only lower than the growth rate of the same period in 2011, 2018 and 2021 in the period 2011-2025. In particular, the added value of the agricultural sector increased by 3.46% over the same period last year, contributing 3.52% to the increase in total added value of the entire economy; the forestry sector increased by 6.46%, contributing 0.42%; the seafood sector increased by 4.48%, contributing 1.41%" - Ms. Huong informed.

In the industrial and construction sector, Ms. Huong said that the production of many key industries has increased, contributing significantly to the overall growth of the entire economy. The total added value of the entire industrial sector in the first nine months of 2025 increased by 8.55% over the same period last year, contributing 35.06% to the growth rate of the total added value of the entire economy. In particular, the processing and manufacturing industry is the growth driver with an increase rate of 9.92%, contributing 31.73%. The construction industry increased by 9.33%, contributing 7.99%.

In the service sector, Ms. Huong informed that the demand for domestic goods, services, and tourism has increased sharply, especially during the time of major national holidays, which has contributed positively to the growth of the trade and service industry.

"The added value of the service sector in the first 9 months of 2025 increased by 8.49% over the same period last year, only lower than the increase of 11.37% in the same period in 2022 in the period 2011-2025" - Ms. Huong informed.

According to the Director of the Statistics Office, using GDP in the first nine months of 2025, final consumption increased by 8.07% over the same period in 2024, contributing 73.83% to the overall growth rate of the economy; asset accumulation increased by 8.52%, contributing 41.43%; exports of goods and services increased by 15.51%; imports of goods and services increased by 16.75%.

Tuyết Lan
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